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The global fine and speciality chemicals industry is a vital segment within the chemical value chain,
catering to a multitude of societal and industrial needs. Regulatory, sustainability and consumer forces have been constantly shaping the business fundamentals of this industry. Developing value creation strategies, which embed economic, environmental and social sustainability components, will need a comprehensive assessment of business, scientific and technological challenges facing the industry.
Sustainable Value Creation in the Fine and Speciality Chemicals Industry assesses sustainable value creation options against the backdrop of global mega trends that are defi ning the present and future course of the industry. It discusses innovative strategies in feedstocks, R&D, technology, manufacturing, resource management and the supply chain as well as the significance of the bio-based chemical economy in enabling sustainable value creation in the fine and speciality chemicals industry.
Topics covered include:
* Transformation in the fine and speciality chemicals business
* Sustainable management: evolution, transitions and tools
* Research and technology directions
* Resource optimization strategies
* Bio-based chemicals, specialities and polymers
* Sustainable practices in the fine and speciality chemicals industry
* Sustainable value creation strategies
Sustainable Value Creation in the Fine and Speciality Chemicals Industry presents a comprehensive
overview of strategic options for sustainability management in the global fine and speciality chemicals industry. It will be a valuable resource for chemists and chemical engineers involved in the design and development of economically, environmentally and socially sustainable practices for the future.
List of contents
Foreword xv
Preface xvii
Acknowledgement xxi
About the Author xxiii
1 Transformations in the Fine and Speciality Chemicals Business 1
1.1 Fine and Speciality Chemicals Industry Structure 1
1.2 Regulations and Fine and Speciality Chemicals Industry 18
1.3 Fine and Speciality Chemicals Industry and Sustainable Practices 21
References 24
2 Sustainable Management: Evolution, Transitions and Tools 29
2.1 Chemical Industry: Aligning with Sustainable Development Mandates 29
2.2 Sustainability Performance Assessment 34
2.3 Sustainability Trends in the Chemical Industry 43
References 51
3 Research and Technology Directions 57
3.1 Shifts in Fine and Speciality Chemicals Technologies 57
3.2 Catalytic Technologies 79
3.3 Enabling Technologies 99
3.4 Product Engineering: A Key Sustainability Tool 112
3.5 Emerging Trends in Chemical Sciences and Engineering Education 115
References 117
4 Resource Optimization Strategies 135
4.1 Resource Optimization: A Systems Approach 135
4.2 Waste Valorization to High Value Chemicals 141
References 148
5 Bio-Based Chemicals, Specialities and Polymers 153
5.1 Towards a Bio-Based Economy 153
5.2 Biorefinery and Biofeedstocks 160
5.3 Bioproducts: Moving from Laboratory to Markets 173
5.4 Lab to Markets: Challenges of Commercialization 185
References 191
6 Sustainable Practices in the Fine and Speciality Chemicals Industry 199
6.1 Shifts Towards Sustainable Practices 199
6.2 Sustainable Practices in the Pharmaceutical Industry 201
6.3 Sustainable Practices in the Crop Protection Chemicals Industry 203
6.4 Sustainable Practices in the Oleochemicals and Surfactants Industry 205
6.5 Sustainability Practices in the Personal and Home Care Chemicals Industry 214
6.6 Sustainable Practices in the Coatings Industry 217
6.7 Sustainable Practices in the Adhesives and Sealants Industry 223
6.8 Sustainable Practices in the Lubricant and Greases Industry 226
6.9 Sustainability Practices in the Colourants Industry 230
References 238
7 Sustainable Value Creation Strategies 245
7.1 Why Sustainable Value Creation? 245
7.2 Innovating for Sustainable Value Creation 249
7.3 Strategic Cost Management 257
7.4 Prognosis for the Future 261
References 270
Index 273
About the author
R. Rajagopal KnowGenix, India Foreword by
Dr David Constable,
Director, ACS Green Chemistry Institute, American Chemical Society
Summary
Foreword by Dr David Constable, Director, ACS Green Chemistry Institute, American Chemical Society The global fine and speciality chemicals industry is a vital segment within the chemical value chain, catering to a multitude of societal and industrial needs.
